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Save Your $70K Bitcoin Expectations for After Others Cool Their Own!

@brianq
1 min read
15.10.2024
BTC


📈📉 $70K Bitcoin may still be in crypto's near future, but the rally toward this coveted price level quickly pumped the brakes after a bullish sentiment outbreak from the crowd Tuesday.

🤓 Data on Santiment continues picking up bottoms forming on high frequencies of $50K-$59K BTC mentions across social media, and tops forming on high frequencies of $70K-$79K BTC mentions.

📊 Friendly reminder that markets move, and will continue to move, in the opposite direction of the way the majority of the crowd is predicting. Think independently, and avoid the 'crowd think' traps.

🔗 Here's the link to this chart to track this type of crowd hype & fear any time!

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Featured in this Insight

Bitcoin BTC

$ 119051.53
0.3969%
in last 7d

Grayscale BTC ETF mini BTC

N/A
0%
in last 7d
BTC

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